Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Number Of Shares Used In the Earnings Per Share Calculations

The number of shares used and the earnings per share calculations are reconciled as follows:

(in millions of Canadian dollars except per share data)	2015		2014		2013
Net income	$	1,352	$	1,476	$	875
Weighted average basic shares outstanding	159.7		172.8		174.9
Dilutive effect of weighted average number of stock options	1.3		1.6		1.6
Weighted average diluted shares outstanding	161.0		174.4		176.5
Earnings per share - basic	$	8.47	$	8.54	$	5.00
Earnings per share - diluted	$	8.40	$	8.46	$	4.96